Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%
Price spread now: edgeX against Gate−0.049%67s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.350% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.049%, 7d avg −0.018%
=Together, before fees+0.097%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.032% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.018%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRX_USDT | 0.3441 | 0.0100 | pay 0.0100% / 8h | 2h 22m | $9.7M | $2.5M | 75x |
| Short | edgeX TRXUSDC | 0.3439 | 0.0100 | get 0.0050% / 4h | 2h 22m | $587K | $436K | 20x |
Gate TRX_USDT
edgeX TRXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.049% → −0.018%
- −$3.16
- Slippage, 4 orders
- −$10.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$38.12
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 1 min ago | 1.02 bp | 12.6 bp −$13 | 25.2 bp −$252 | 32.5 bp −$3,247 | 59.0 bp −$29.5K |
| Sell edgeX live order book, 2 min ago | 0.73 bp | 5.2 bp −$5 | 6.6 bp −$66 | doesn't fit | doesn't fit |
TRX on 32 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya TRXRUSDPERP | −0.0133% | 1h | 0.3441 | −0.005% | $5 | — | 20x | as long as short |
| Bybit TRXUSDT | −0.0091% | 8h | 0.3440 | −0.023% | $54.7M | $8.2M | 75x | as long as short |
| Variational Omni TRX | −0.0087% | 8h | 0.3439 | −0.041% | $562K | $39K | — | as long as short |
| Phoenix TRX | −0.0070% | 1h | 0.3442 | +0.032% | $5K | $13K | 10x | as long as short |
| Backpack TRX_USDC_PERP | −0.0054% | 1h | 0.3441 | 0.000% | $58K | $5K | 10x | as long as short |
| Injective TRX/USDC PERP | −0.0048% | 1h | 0.3440 | −0.023% | $1K | $129K | 12x | as long as short |
| Aster TRXUSDT | −0.0047% | 8h | 0.3441 | +0.003% | $951K | $638K | 75x | as long as short |
| HTX TRX-USDT | −0.0027% | 8h | 0.3439 | −0.054% | $826K | $709K | 75x | as long as short |
| Binance TRXUSDT | −0.0001% | 8h | 0.3441 | +0.007% | $99.3M | $49.0M | 75x | as long as short |
| MEXC TRX_USDT | −0.0001% | 8h | 0.3441 | +0.009% | $17.9M | $1.7M | 200x | as long as short |
Reya TRXRUSDPERP
Bybit TRXUSDT
Variational Omni TRX
Phoenix TRX
Backpack TRX_USDC_PERP
Injective TRX/USDC PERP
Aster TRXUSDT
HTX TRX-USDT
Binance TRXUSDT
MEXC TRX_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter TRX | 0.0000% | 1h | 0.3441 | −0.006% | $483K | $628K | 10x | as long as short |
| Extended TRX-USD | 0.0000% | 1h | 0.3440 | −0.013% | $196K | $1.1M | 25x | as long as short |
| gTrade (Gains Network) TRX/USD | L +0.0003% / S −0.0007% | 1h | 0.3443 | +0.050% | $121K | — | 150x | as long as short |
| OKX TRX-USDT-SWAP | +0.0006% | 8h | 0.3441 | −0.003% | $15.6M | $8.8M | 50x | as long as short |
| KuCoin TRXUSDTM | +0.0016% | 8h | 0.3440 | −0.012% | $8.7M | $3.6M | 75x | as long as short |
| SoDEX TRX-USD | +0.0025% | 1h | 0.3441 | +0.006% | $404 | $5K | 5x | as long as short |
| Paradex TRX-USD-PERP | +0.0049% | 8h | 0.3441 | +0.004% | $9K | $385 | 20x | as long as short |
| BingX TRX-USDT | +0.0071% | 8h | 0.3441 | +0.003% | — | $40.0M | — | as long as short |
| Bitget TRXUSDT | +0.0072% | 8h | 0.3441 | +0.012% | $9.4M | $2.1M | 75x | as long as short |
| Phemex TRXUSDT | +0.0073% | 8h | 0.3441 | +0.009% | $3.8M | $1.6M | 50x | as long as short |
| Aevo TRX-PERP | +0.0080% | 1h | 0.3439 | −0.042% | $33K | — | 3x | as long as short |
| Kraken Futures PF_TRXUSD | +0.0087% | 1h | 0.3443 | +0.057% | $1.9M | $977K | 25x | as long as short |
| Orderly PERP_TRX_USDC | +0.0089% | 8h | 0.3441 | 0.000% | $14K | $107K | 20x | as long as short |
| Hyperliquid TRX | +0.0100% | 1h | 0.3443 | +0.064% | $13.2M | $2.2M | 10x | as long as short |
| Gate TRX_USDTlong | +0.0100% | 8h | 0.3441 | long leg | $9.7M | $2.5M | 75x | |
| edgeX TRXUSDCshort | +0.0100% | 4h | 0.3439 | −0.049% | $587K | $436K | 20x | |
| ApeX Omni TRXUSDT | +0.0100% | 1h | 0.3440 | −0.029% | $115K | $542K | 50x | as long as short |
| SunX TRX-USDT | +0.0100% | 8h | 0.3443 | +0.073% | $196K | $917K | 30x | as long as short |
| BloFin TRX-USDT | +0.0118% | 8h | 0.3441 | +0.009% | $4.6M | $4.0M | 50x | as long as short |
| dYdX TRX-USD | +0.0153% | 1h | 0.3443 | +0.054% | $181K | $10K | 10x | as long as short |
| Deribit TRX_USDC-PERPETUAL | +0.0337% | 1h | 0.3445 | +0.123% | $829K | $407K | 25x | as long as short |
| GMX TRX/USD [ETH-USDC] | L +0.0366% / S −0.0395% | 1h | 0.3442 | +0.037% | $20K | — | 100x | as long as short |
Lighter TRX
Extended TRX-USD
gTrade (Gains Network) TRX/USD
OKX TRX-USDT-SWAP
KuCoin TRXUSDTM
SoDEX TRX-USD
Paradex TRX-USD-PERP
BingX TRX-USDT
Bitget TRXUSDT
Phemex TRXUSDT
Aevo TRX-PERP
Kraken Futures PF_TRXUSD
Orderly PERP_TRX_USDC
Hyperliquid TRX
ApeX Omni TRXUSDT
SunX TRX-USDT
BloFin TRX-USDT
dYdX TRX-USD
Deribit TRX_USDC-PERPETUAL
GMX TRX/USD [ETH-USDC]